Computer Programs & Systems (CPSI) Misses Q2 EPS Views; Approves Variable Dividend Policy

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Deutsche Bank Downgrades Computer Programs and Systems (CPSI) to Sell

August 5, 2016 7:25 AM EDT

Deutsche Bank downgraded Computer Programs and Systems (NASDAQ: CPSI) from Hold to Sell with a price target of $22.00 (from $47.00). The change follows disappointing Q2 results.

"CPSI reported Q2 results well below expectations, with the miss largely driven by the legacy CPSI business and... More